Smart Accounting Services is advising companies on how Reckon One and Reckon Hosted can do their accounts while they get on with running their business. The challenge In an ideal world, a SME’s monthly accounts would simply do themselves and leave the owner and their employees…

Small businesses have long complained that lodging their BAS (Business Activity Statement) is overly complicated. Can I claim GST on that? How much am I going to owe and when’s the due date? The ATO has listened to this feedback and introduced Simpler BAS, a…

Making sure your business is fully compliant is a complex and time-consuming task. But it is absolutely fundamental to the smooth running of your business. Having to answer to law, regulation and organisational governance while keeping your business activity, documents and data fully secure means…

You want to know how to make an accountant spit the dummy? Call them a bookkeeper. While you might not understand the difference, they will. And for whatever reason, accountants don’t like being called bookkeepers (this is a bookkeeper by the way). Much like those…

Sharpen your pencils and try to contain your excitement – 2017 tax time is here. If you’re already up to your assets in it, keep in mind that late night sandwich deliveries are deductible, as are tax software programs, filing supplies and other expenses incurred…

The moment you realise it’s time to hire your first employees for your small business is an exciting time. It means your hard work is starting to pay off, and you’re speeding along in the right direction towards bigger and better things. But entering a…

Some of you by now will be finalising your half-yearly stocktake by tabulating the count sheets, calculating your stock on hand values, adjusting your stock control books and thinking “surely there is an easier way to do this?” Or perhaps your business is struggling for…